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Unusual Whales Pod Ep 16: Macro Outlook for 2023, the Federal Reserve in 2023, and the January 6.5% CPI Print

Unusual Whales

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Is There a Recession in the Housing Market?

Housing is a big driver of economic activity when you consider new building activity in addition to sort of the wealth effect that you get from existing home price sales increasing or decreasing. I don't think anyone's expecting a pivot in the near term such that would see more rates sort of decline to a level that they were recently and so it'd be logical to assume that this impasse in the housing market will continue.

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